xy oracle price: XY ORACLE XYO USD 1H Technical analysis published on 02 16 2023 GMT
These listings positively impacted the price action of the XYO token which grew in value by 30,000% last year. As is characteristic of the crypto market, inorganic bull runs indicated by rapid price increases are usually short-lived and triggered by a sudden increase in trading volume. Moreover, the moving average convergence divergence indicator was moving higher in the positive region away from the zero line, suggesting that more buyers than sellers populated the XYO market.
Princess May Amaranto is a content creator and brand builder for blockchain. She spent most of her 2021 covering the NFT, metaverse and play-to-earn projects. On weekends, she enjoys a round of golf, cycling and following the latest F1 Grand Prix. XYO has a fixed supply of 13.96 billion tokens, all of which were released during a public sale, which means that no more XYO will ever be created. In March 2018, the XYO network held its initial token offering, using a tiered structure to price the tokens between 100,000 XYO per 1 ETH and 33,333 XYO per 1 ETH.
We strive to help our readers gain valuable, trusted insights through in-depth analysis, high-quality and well-researched News stories and views from the digital currency community experts. Our young and dynamic team is comprised of well-known journalists as well as Cryptocurrency & Blockchain Experts. Use the calculator to convert real-time prices between all available cryptocurrencies and fiat. Sentinel is a physical device in the XYO network that broadcasts a signal with its location and other data (e.g., temperature or time). When the sentinel is near another one, and they broadcast that they are near each other, this interaction is proof of the sentinel’s location.
Here, you can easily get XYO crypto or any other of 350+ digital assets available on the platform. In fall 2021, XYO cryptocurrency went through the second wave of popularity. The cryptocurrency was listed on Coinbase, Gate.io, and Kucoin exchanges – and here’s where the boom started. Bitcoin is little-changed after falling sharply toward the end of last week.
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In order to not pollute the ecosystem with inaccurate data, an XYO Miner can pass off the opportunity to a competing XYO Miner (i.e. Sentinel, Archivist, etc.). The end-user holding XYO Tokens is encouraged to transact more when network liquidity is low, compared to when network liquidity is high. The token user receives economy-based rewards which are given up by XYO Miners who could have computed or verified the data, but elected not to in order to maintain the health of the ecosystem. Low, everyday pricing allows you to quickly provision services and only pay for what you use. Your use of OCI services—IaaS and PaaS—is metered hourly, and you’re charged only for the resources you consume, with no hidden costs. You always have flexibility to switch services and cloud regions at any time, with no notice needed.
- This could enable eCommerce retailers and websites to verify, in a trustless way, that the package not only appeared on the customer’s doorstep, but also safely inside their home.
- Additionally, the Moving Average Convergence Divergence indicator was moving up in the positive region away from the zero line, suggesting that more buyers than sellers populated the XYO market.
- Past performance is not necessarily an indicator of future results.
- Bitcoin is little-changed after falling sharply toward the end of last week.
Learn more about blue chip NFTs and blue chip NFT projects in this guide. Decrease from one day ago and signalling a recent fall in market activity. When the price hits the target price, an alert will be sent to you via browser notification. To receive alerts, please allow web browser notification permission. An assessment of technical indicators shows a moderate bullish signal.
The XYO Network is maintained by the XYO Foundation, which was established as a nonprofit in March 2020 to facilitate education, research and continued development of the XYO protocol. Since the project’s launch, the XYO Foundation has helped form partnerships for the XYO blockchain, including ones with Chainlink , Remax, Deon Digital, Mobi and Microsoft. XYO also acquired LayerOne at the end of 2018 to gain the project’s locational data-storage protocol, Quadhash. Earn up to $1,000 when you fund a new account, and earn up to $100 in Bitcoinwith your first qualifying crypto trade .
XYO, the cutting-edge technology project, was established in 2017 in San Diego. The XYO network aims to take advantage of location-based beacons that are already spread around the world. XYO Network developers use this network to decentralize location-oriented services.
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Since the year started, xy oracle price price had increased 123%, a trend that had proven remarkably bullish, especially during the first week of 2023 when it reached the highest point since October last year. There is no recent price data for this coin, because we don’t see trading activity currently. That means XY Oracle has had relatively low trading activity in the past day. Since XYO is an ERC-20 token, it is compatible with almost any Ethereum wallet. Consider a hardware wallet like Trezor or Ledger Nano to protect your coins.
This is a statistical representation of the maximum market cap, assuming the maximum number of 14 Billion XYO tokens are in circulation today. Depending on how the emission schedule of XYO tokens are designed, it might take multiple years before FDV is realized. In exchange for their participation on XYO’s network, sentinels, bridges, archivists and diviners all receive XYO tokens as a reward. Sentinels and bridges are rewarded XYO tokens when their information is used to answer a question. Archivists are rewarded for the retrieval and use of data, although they aren’t rewarded merely for data storage.
XY Oracle (XYO) 2023 Predicted Prices Chart
XY Oracle price made an explosive breakout beginning January 1, 2023, moving from $0.003 to the $0.01 range high on January 4, marking a 233% rise. However, the bullish breakout was corrected after bears took over the XYO Oracle price for the next six days leading to January 11, losing most of the gains made during their session high. The top cryptocurrency exchanges for trading in XYO tokens are MEXC, BingX, KuCoin, Huobi Global, and Gate.io. XYO co-founder Markus Levin shares vision of the project.Five years post-launch, the project has rolled out major functionalities and built real world utility. For example, it is being used by e-commerce companies to track their shipment at every stage using separate ledgers. Then, in the fall of 2021 XYO token was listed on major exchanges such asCoinbase, Gate.io, and Kucoin.
With the product, one digital wallet can be used across different blockchains. Like sentinels, bridges are physical devices like a smartphone that participate in the XYO Network. A bridge must look for bound witness interactions and sign them to confirm that the interaction happened. The confirmed transactions are then sent to “archivists,” or data stores. Archivists are responsible for holding all confirmed bound witness interactions confirmed by bridges and retrieving the data when necessary.
It is a News Media Platform which serves its audience with accurate News and Analytical Articles. Our team is committed to providing unbiased News & Reports related to various Cryptocurrencies, Decentralized Apps, Initial Coin Offerings and Blockchain technology. Since cryptocurrencies are traded world wide, the XYO value is also effected by different Cryptocurrency News & Policy updates around the world. An overview showing the statistics of XY Oracle, such as the base and quote currency, the rank, and trading volume. Nevertheless, we have collected all possible opinions on XYO price prediction and are more than ready to show them to you. As soon as the package is safely inside the client’s house, the payment will be released.
XYO Price Prediction 2025
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Discover XYO Network
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This could enable eCommerce retailers and websites to verify, in a trustless way, that the package not only appeared on the customer’s doorstep, but also safely inside their home. The top crypto exchanges that have XY Oracle available for trading, ranked by 24h trading volume and the current price. You can sell XYO cryptocurrency on any exchange where this token is listed. The project was founded back in 2017, so there are a lot of milestones passed. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.
Multi-currency wallets like Freewallet or Coinomi are made to store your diversified wallet in one place. Get daily alerts on price changes of the top 10 cryptocurrencies. Adding XYO Network to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. You can copy XYO’s contract address and import it manually, or if you’ve installed MetaMask’s chrome extension, add XYO to MetaMask with one click on CoinGecko. Market cap is measured by multiplying token price with the circulating supply of XYO tokens .
Thanks to this system, customers can pay for goods only after they receive them. So, e-commerce services can provide such a feature without compromising security. The e-commerce companies that offer payment on delivery to certain premium customers are one of the use cases. To provide this feature, an e-commerce company should use the XYO network to write a smart contract. The network will track the package’s location throughout the supply chain – from the warehouse shelf to the consumer’s house and all the middle points. The community is bullish as more than 81% of users are feeling good about XYO Network today.